About your Search

20130318
20130326
Search Results 0 to 27 of about 28 (some duplicates have been removed)
the european monetary union, not with less number of members. so certainly not before the german election in september. >> but isn't it -- even though she does not want to do that, in the near term, she has an election to run. an election coming up. and apparently striking this hard line to turn to the germans and say, look, we didn't fund this rescue, this bailout of the russian mafia or something. >> it's true. it's having the intentions first of all to come out as fair, not to put german taxpayers money on before you do a bailin. but at the same time, and more importantly, she wants to keep the euro area safe. it's the crisis in which one country leaves the monetary union is one of her premises and one of her premises of the campaign is to elect strengthening, blowing up for crisis in cyprus will not be helpful to her. there were many mistakes in retrospect. you could say the same for greece, as well. but, you know, it's -- one issue that will be critical is they would not compromise on money laundering issues. they might come mize a little bit here and there on money, but they will no
have no say in electing the officials in new york. >> including dick durbin. >> in illinois i have responsibility for that. >> you are taxed in the state you live in. >> for this reason, if you think bit this way, tax in the state where the business exists at the rate that is in that state, and there competition right? >> why are we talking about the taxes, the issue is about government spending. they are creating a whole side show -- >> you remind me. i have to remind tony. we have to give money to illinois, to new york, to california, to new jersey, are you out of your mind? i have to get out of here. cut spending and don't raise taxes. now all of you stick around we have more work for you. a weak earnings report from oracle, a strong ipo and the government moves to avoid a shut down. those are top headlines coming up next. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one
think a government without another election is possible, they can bring together a coalition at the moment without an election? >> well, it really sdpents who they're going to be, the ministers, who are you going to support from outside the government. there are lots of -- three or four different -- >> permutations. >> exactly. we'll see. if not, we have to come back to general elections. >> okay. and how would investors view the prospects of -- >> general elections? >> general elections. >> we're going to drop probably another 70 basis points, we'll go back to 330, 350. >> that's manageable. >> well, it's where -- it's well manageable because we've already seen it. we are not going to come back to 7% or on 8%. >> good to see you. thanks for joining us. >> thank you very much. >> we'll take a short break. still to come, plenty more on cyprus. let's remind you of where futures are ahead of the wall street open a little later today. "worldwide exchange" continues after the break. >>> you're watching "worldwide exchange." these are the headlines today from around the world. a re
. they have an election this year. they have known for nine months. >> they have known this -- they know the russian dirty money. and they had to know that taxing, literally taxing deposits that are guaranteed is nothing but confiscation of private property. that in the -- even the dummy cypriots would be opposed to this. >> well, and they have got -- >> even got the french. >> no, but -- but it's -- and they let off the bond holders. they're not going to make the bond holders take a hit. so this was -- inexplicable, just like what happened in 2008, after bailing out bear stearns, fannie, freddie, decided to let lehman go down. said we're going to draw the line on lehman and 48 hours later nationalized aig and had to do trillions of dollars of guarantees to the financial system. so this was kind of a muck-up like that. inexplicable. they didn't want to be seen as baling out oil i gargs in an plex year, even though it was a small amount of money and that's how you get a rocky financial system collapsing. >> all right. don jensen, let me come back to the russian part of the story. whether
the important social decisions to the states and their democratically elected legislatures or referenda? let the people decide. "the kudlow report" begins right now. >>> first up, in recent weeks, he's become a conservative super hero icon. that following his triumphant speeches at the national prayer service and the cpac political conference. dr. ben carson has a message to roll back obama care, deal with the crushing national debt, and even a bib llically based call r a flat tax. that's what i love. is he the conservative that can save the gop? here is the aforementioned dr. ben carson. director of the pediatric division at john hopkins university. and with us this hour, cnbc contributors keith boykin. as always, dr. carson, great to see you. i'm reading one of many articles that you're retiring in 100 days. i wonder if you would share future plans, especially public service. >> i have a lot of things on my agenda. i've got ten international trips. a multitude of speaking engagements around this country. we're working very hard with the college fund. we're in all 50 states. we're putting i
, still licking their wounds from the november election, the republican national committee is out with a new report that outlines steps needed to reboot the party for 2016. among the proposed reforms, a streamlined process for earlier convention. improved outreach to women and young and minority voters. will the reforms be enough to give the gop brand a much-needed boost? joining us is mark stevens, ceo of msco and author of "your marketing sucks." with me the rest of the hour and i thought i introduced before, but i didn't, mark hanna and republican strategist chip saltsman. mark, what did this republican document do for the gop? >> it does nothing. it is a committee report adding to a pollution of noise that is going on in the republican party right now. the fact is as a marketing person, you cannot have a brand, talking about branding, you can't have a brand without a product. >> is the product the message? >> the product is the person. we don't have a person. you can't brand nothing. you say we come with a brand, what is it? gum, software? >> they said governors, pay attention
rudd with a napped ballot for the party leadership resulting in prime minister gillard being re-elected uncontested. she had lost the support of her party. rudd backer and simon crane today urged the prmt to conduct a leadership ballot and one was held just hours later. the big twist, kevin rudd deciding not to challenge the prime minister for the leadership, but gillard and her deputy, the treasurer wayne swan was reappointed to their respective positions unopposed. prime minister julia gillard says today's vote now settles the question o leadership once and for all. >> today, the leadership of our political party, the labor party, has been settled and settled in the most conclusive fashion possible. the whole business is completely at an end. it has ended now. >> australian prime minister julia gillard. the countdown now resumes to the federal election which will take place on december the 14th. if current polls are to be believed, julia gillard will lose in a landslide defight to the right leaning liberal party tony abbot. that's the late freft sydney. back over to you. >> and we'll
hour. in other technology news, hewlett packard shareholders have re-elected the company's board. the chairman, ray lane and three others narrowly kept their seats. they had been criticized for their roles in the batched $ 1 billion acquisition. but, again, the board was re-elected. >>> boeing plans to conduct two flight tests of its revamped 787 battery system as soon as the end of this week. the plane has been grounded since january and, joe, i'll send it over to you for more news. >> i he like that with oracle. think if you were one of the salespeople. >> there are thousands of new people that have been coming on board. they worked getting things as quickly as the third quarter. it was interesting what the cfo said that this is a situation where they don't know to make sure that they close those deals by the end of the quarter. >> yeah. slackers or something. you know salesmen. the world resolves around salespeople. they say it's not even plaque row. usually that's wa we'll say. >> it was said there was a sense of urgency that was lacking. >> yikes. i'd hate to be one of those
be strengthened and they go to a second election now and they'll have a much better chance of really cornering the market because the anti-austerity crowd says they're seizing our deposits as well. we know the european think bahhing union and remember this idea and they'll all get together and put the banks under the ecb roof. you know who one of the tenants is the european wide depository scheme to guarantee deposits and what's going on happen when that happens? you see what happened? cyprus, how do you know you won't do anything with everything everybody, and this makes banking union more difficult. what does it mean for stocks right now? folks, we had a 3% correction at the end of it. and that was on italy and it's going to be a very, very minor event and if you can't, you've got problems. the big of the thing, guys, 10% increase in the s&p and now 8.5% increase in the s&p hedge funds are only up 4.9%. so do you guy get guys taking profits or some guys saying now it's time to buy on the dip. this can go either way and it is very important in the next 24 hours. back to you. >> i have to tell
after last month's elections left the country mired in a dead lock. plus, the latest fallout from cypress. we'll be right back. are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one! the power of the "name your price" tool. only from progressive. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> welcome back to "worldwide exchange." sylvia berlusconi has threatened a wave of protests if the central left candidate becomes the next italian president. this comes as the current preside
-mail during an election campaign. now the government is trying to change that and they're willing to change i think. >> we will have to leave it there. breaking data coming up. fascinating point about the yen how stronger yen helps if you're the buyer of some of these companies. thank you very much, sir. >>> the data is out as we wait from the u.k. today is a huge day in britain. we have the budget. government under pressure because they haven't met the targets they initially laid out. still the economy on the employment side holding up reasonably well. the question is whether that has continue. we'll see if we get unemployment figures out here in a second. from looking at the bank of england minutes there was a 9-0 vote to keep rates unchanged. 6-3 vote to keep the program at the current size. again, governor king, fisher and miles wanted a $25 billion extension to the quantitative easing program. king outvoted yet again. let me see if i get the employment data up for you here. it looks like the three-month average hourly earnings including bonuses for britain here are at the lowest in three
. they look like sour pusses. >> you're right. i can almost make a case, larry, that in the last election barack obama was the pro-growth optimist and that mitt romney was the pessimist and kemp always wand that high ground which reagan always had. the point i want to underscore that you just said and then i'll bring the others in, i knew jack, jack was such a dear friend. jack talked constantly about reaching out to minorities, empowerment zones, school choice for example, home ownership. it was jack kemp who worked with charlie rangel to create empowerment zones here in new york and elsewhere and to cut or abolish the capital gains tax to entrepreneurs. it's one of the days to this day i'm still charles errol rangel. the republican party has to get that for blacks, for minorities, for asians, prosperity for everybody of. >> instead of defending multi-millionaires, he went out to those who were poor, minorities and said i want you to be millionaires. >> it wasn't just his energy, it wasn't just his entrepreneurship, it was his message. can you almost say that message of capitalism and pr
before the election. >> i'm gonna ensure that our space program doesn't suffer when the shuttle goes out of service by making sure that all those who work in the space industry in florida do not lose their jobs when the shuttle is retired, because we can't afford to lose their expertise. >> well, we were lied to when obama came through. gave us a lot of hope and supposedly a lot of change. well, i've got change in my pocket, but the hope is gone. >> in 2010, president obama cancelled constellation and turned over development of a new spaceship to private enterprise. then congress dealt another blow by cutting the funding for the obama plan in half. now the workers with that expertise mr. obama referred to are setting course for carole bess. >> and i've had several who've told me, "i was considering suicide before i came to you." >> carole bess is a bankruptcy attorney. what drove them to that point? >> they felt like failures. you know, "here i am. i can't pay my debts. and i'm probably worth more dead than alive if i have life insurance." >> and folks either aren't finding work or, if t
, she was fired, effective immediately, and pattie dunn was elected chairman of the board. >> in the book, you said, "the board did not have the courage to face me. they did not thank me. they did not say goodbye. they did not explain their decision or their reasoning. they did not seek my opinion or my involvement in any aspect of the transition." do you think it was nasty, mean, meant to hurt? >> well, if that was their intent, they certainly succeeded in that. [ laughs ] maybe they took great pleasure in seeing me beat up publicly for weeks and weeks and weeks. i don't know. >> we wanted to hear the board's version of that story, but no one would talk to us. looking back, carly now believes that that leak investigation she ordered may have prompted some of the board members to turn against her. >> perhaps there were people who thought they would lose their job, and they loved being part of the hp board. >> you mean lose their job as a board member? >> yes, because of their own behavior. they loved being on the board. >> as she writes in her book, they may have thought i
. >> you got a mid-term election coming up. when you have a president running that brings all the democrats out to vote. these guys have to be careful. >> it will pass. >> we'll come back. plenty of time to talk about this. only got five vote march about in so that's a good point. third anniversary of obama care and we have more ugly truths about obama care coming out. we learn for example this week young people with individual health insurance will see their premiums skyrocket. as well as everybody's else's. small businesses have to cut jobs because high profits will be taken away. we'll talk to one of those business owners up next on kudlow. [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expe
. who would ever think how quickly a sports team can change or political election. most importantly in stocks. this thing has gone from 60 down to almost 11. this move to 22, we think it's got leg. we think it's going up 25, 26. >> we'll give you props. you called for this earlier this year. we'll point that out. >> thank you. >> good job on that. abigail, what to you think? fundamentally, richard schultz, is it good he's coming back? >> i think it's a sell on the news type of event. i think while it's positive his 20% in the company is less likely to be sold, i think that it does not change the fact this company has a very difficult turnaround ahead of itself. it's playing in a low growth space with very price transparent products. that sort of commodity like aspect to its business does not give it a lot of flexibility to make a turnaround. you can only close so many stores, cut so many people. it's really hitting the bottom line. if you look two years ago this company put up 364 in the bottom line for the year expected to be reported next february, they're looking for 219. i think
increasing and inventory drastically decreasing. so they have elected to buy now. >> reporter: as for his holder neighbors, charlie roke has nothing but respect. but he doesn't know many of them because he's usually out at work. diana olick, cnbc, boca raton, florida. >> great story. >>> what happens with the stock market tomorrow? >> our trio of market pros give you a leg up on tomorrow's action when we come back. [ male announcer ] just when you thought you had experienced performance a new ride comes along and changes everything. the powerful gs. get great values on your favorite lexus models during the command performance sales event. this is the pursuit of perfection. during the command performance sales event. (announcer) scottrade knows our and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announc
to look forward to. >> i'm getting on a board. i see good stuff in here. it's like a token. if i'm elected to lululemon, i'm promising more transparency. >> more transparency. >> nasa will launch the james webb telescope, a successor to the hubbell and it's going to be even more powerful and penetrating. you can imagine the results of that one. >> i wonder what we can get to? 380,000 out of 14 billion is cool. coming up, biotech firm gilead. manager of the calvert equity portfolio joins us next. >>> and a vulture is circling. we talked to wilbur ross. we talked to him about whether he's buying the entire country. >> last time on he talked about greece. clients are always learning more to make their money do more. (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked "highest in customer loyalty f
picture in europe where the italian tenure is now below where it was before those italian elections and a mixed picture in asia this morning. the nikkei up about 1.5%. the road map begin with the eurozone that did not collapse over the weekend so naturally the s&p is expected to bust through the all-time closing high and what's next for cyprus' hobbled economy. it has received two competing offers from carl icahn and blackstone is the initial $24 billion offer from silver lake in jeopardy. saying the blackberry 10 launch has been tepid in their words and it sees only a 20% share of success. >> and dollar general beats handily as the retailer continues to steal market share, but are rising inventories a reason for concern. >> we begin with the markets as the s&p 500 stands within nine points of the all-time closing high after the eu finance minister was struck over the weekend and it was the second largest bank and inflicts heavy losses on deposits with more than 100,000 euros. cyprus will receive $13 billion in financing, but guys, the conversation is already beginning from what's t
that they vote to approve this? >> i can't handicap it. he doesn't control parliament. we make senior election necessary cyprus, and this -- >> so ecb and any other regulators in europe, how do you get your credibility back right now? >> oh, i think they think they have plenty of credibility. what are you talking about? >> what do you mean? >> they have no doubts -- exactly. exactly. >> if they had violated the insurance threshold, i think a lot of people would be saying exactly that. this is brilliant. you're finally get to go where you need to go instead of passing it on, socializing the costs to taxpayers across europe, i.e., germany and the sense. >> we have to figure out our priorities here. >> we're going to talk it out over the commercial break. >> i wouldn't do solar and i wouldn't do like preschool, that program, you know. >> much more efficient way to do a carbon tax. >> look at patti murray's budget and tell me how that is different than what this is. will you do that, too? and get back to me. >> if you were just waking up this morning, global markets under pressure. a lot of fears
to reject the decision because it's not good for them. and because the people who had to vote have to be re-elected. >> do you have friends, family that's over there? >> i was born in greece. >> they're close neighbors, right? >> we're close neighbors, absolutely. and the majority of cypriots agree. and a little known fact is that aphrodite was born in cyprus. did you know that? >> i did not. >> i didn't know gods were born. >> born at the place where kronos had sewn the severed genitals of his father. >> what? what did he do? >> he cut off the genitals of uranus, his father and threw them into the sea. >> that's what people feel this bailout feels like. >> the russian oliog worry. >> you think this is rough? read the greek myths. >> it would help if they had capitalized, some type of capital structure. >> if you look at iceland, ireland, cyprus, three islands, they became hubs for international money. and they didn't really have capitalization to be able to deal with it. 80 times bigger than cyprus gdp is its banking sector. >> they let their standards slide at times. >> my favorite piece of data
to china as you see there with president zi gin ping and the newly elected president of china. government officials telling us the meeting lasted about 45 minutes and it was a warm and wide-ranging discussion as they say in the official readout given to reporters. secretary lew we are told raised several issues including the exchange rate, intellectual property, cyber security and north korea. other than that, we don't yet have a whole lot of information about this meeting which took place overnight east coast time in china yesterday. the key here, warm and wide ranging discussion, guys. this readout is given to us in diplo speak. if they say anything other than a warm and wide-ranging discussion then you think there might be trouble in the horizon and the meeting went well and that's what we know as of right now. >> eamon, thank you very much. >> you bet. >> closer to home, lululemon is down nearly 12% in the past three sessions posting its worst three-day loss since the beginning of august. as you may be aware by now, lululemon is recalling black yoga pants that were unintentionally see
's a problem. in the room were two germans that were for this because germany has elections in september and they did not want -- there was a scapegoat. it was russia. >> there was another way out of this. cyprus has offshore energy reserves which you will be able to exploit. that's an asset. >> that's what russia is -- what i understand is happening in negotiations is that's what they're asking for. they want access to that. >> come up with a deal quietly. that is the essence of no matter what esb does it's impossible to get europe growing economically because we make decisions that don't make sense. >> did you see how -- where was sedgwick? was he is russia? we had them arguing. we can do cool stuff. satellite stuff. there was some overlap. it's not easy to do that. now we'll go to kelly evans who i never talk to about whether you went to paris. i don't want to digress. you were thinking about that. did you take the plunge? >> joe, i go this weekend. yes. i'll report back monday and let you know what i think. i haven't been. i'll let you know. in the meantime, i just want to go back to
your convictions? >> we initially put the number out in october as we were going through the election and fiscal cliff. we kind of entered into this period of blue skies in a lot of ways. a enyou know, we are not a quarter sbo the year and we think the the earnings estimate is conservative and we think the odds are that target should come up as we move ahead. >> we look forward to you publishing that. well -- >> peter, are you also in the blue skies category? >> well, i'm not sure about blue skies. i do think from a technical perspective things look pretty good. that is not to say i would rush out and buy the s&p 500. i do think it's a stock picker's market. plenty of stocks are trading at reasonable p.e.s. that's what people have to focus on. if you look at inflation adjust ed levels, they're really not at an all time high. maybe the s&p 500 will be up conservatively 10% this year. i want to put a conservative focus on that. i feel much more optimistic this time than last time. >> let me get to the nuances behind what you're kbpting for the markets. it sounds like you're optimistic.
, the first place he went to when he was re-elected was twitter, you know, posting a picture of himself and his wife. i think that's -- that's amazing, that's huge. >> right. drew, we're going to leave it there. thanks for joining us. >> thanks for having me. >> and we'll be right back. this is cn cnbhursday morning. stay with us. ♪ [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪ [ engine revs ] (announcer) at scottrade, our cexactly how they want.t with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to.
there are fresh elections and there may be movement on this over the weekend particularly if he can do a deal with berlusconi. in the meantime we have breaking news. >> it's not breaking news. reuters is sending it to session highs above 130 against the u.s. dollar. reuters is quoting, and i want to be very careful with this, but reuters is quoting the deputy leader of the island's ruling democrat party ruling that a solution to cyprus's bailout crisis could be within houris. >> want to explain what is happening here. essentially they didn't get a deal from russia so they're being forced back to the european union. the stuff you see michelle talking about is all an attempt to do a deal a, that will get through parliament and secondly, that the rest of europe will agree to to a, give them $10 billion to prop up the banks and secondly that there would be enough there on some sort of giveback from the private sector and be that on the levy on the banks that we've spoken about so many times. >> we had crossed above the 130 mark against the dollar and we are close to session highs in the u.s. this
for extra time, cramer. the election, right before you go out on a limb and you're exactly right. can you be exactly right. you're right about that. lasalle? that was because of philly. >> totally. >> but you made a point of saying, lasalle, and they knocked off kansas state and if mississippi can beat wisconsin, did you not think that would be a problem? i have to tell you, i think wichita state better watch out. the offense is real. my mom lived around the block from lasalle so it was a total phone call and it's been years. now you're arguing with my daughter who for some reason is a huge shocker fan. i love the shocker game and you know what? the temple game was fantastic. i said, god, that was a great game and i realized, i liked that a lot more after it was done and i had my head in my hands. and did you watch him make the free throws? >> no. you had a run of ten points at the end and i felt so bad because fran dunphy is 3 and 14 in the nca and boy, these games are everything, joe. did you see what's his name on ohio state? did you see that? >> i'll take that. i need that because ohi
Search Results 0 to 27 of about 28 (some duplicates have been removed)

Terms of Use (10 Mar 2001)